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The Plaza Shops 325 N 20th St 700 - 26,300 SF of Retail Space Available in Columbus, OH 43203
Highlights
- High-Visibility Neighborhood Center
- Adjacent city park to be revitalized, creating increased pedestrian activity and community engagement
- Proximity to Major Traffic Drivers
- Strong Growth Surroundings
- Community-Forward Environment
- Two planned outparcels of approximately 4,800 SF and 3,500 SF, each available for ground lease
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,500 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $77,000 /YR $6,417 /MO | Triple Net (NNN) | ||
| 1st Floor | 4,800 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $105,600 /YR $8,800 /MO | Triple Net (NNN) | ||
| 1st Floor | 700-9,000 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $198,000 /YR $16,500 /MO | Triple Net (NNN) | ||
| 1st Floor | 1,100-9,000 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $198,000 /YR $16,500 /MO | Triple Net (NNN) |
N Mt Vernon Ave - 1st Floor
Two planned outparcels of approximately 4,800 SF and 3,500 SF, each available for ground lease.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
1058 Mount Vernon Ave - 1st Floor
Two planned outparcels of approximately 4,800 SF and 3,500 SF, each available for ground lease. Mt. Vernon Plaza, a historic neighborhood retail hub developed in 1978 and totaling 52,000 +/-SF across two buildings, is poised for transformative redevelopment. Positioned beside a city-owned park and within more than $400M of surrounding investment—including Nuveen’s Sawyer Towers initiative, Franklin Park Conservatory, the Taylor Avenue Corridor, and the Adelphi Quarter anchored by Adelphi Bank—the Plaza will be modernized through significant capital improvements. Plans include attracting a curated mix of national and local retailers, developing two new retail pad sites, and constructing a 47-unit affordable housing community. The adjacent park will be reactivated as a shared amenity, while partnerships with the State of Ohio, Franklin County, the City of Columbus, and local institutions will support small business growth, arts, healthcare, and youth entrepreneurship in Mount Vernon and surrounding neighborhoods.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
307-379 N 20th St - 1st Floor
Mt. Vernon Plaza, a historic neighborhood retail hub developed in 1978 and totaling 52,000 +/-SF across two buildings, is poised for transformative redevelopment. Positioned beside a city-owned park and within more than $400M of surrounding investment—including Nuveen’s Sawyer Towers initiative, Franklin Park Conservatory, the Taylor Avenue Corridor, and the Adelphi Quarter anchored by Adelphi Bank—the Plaza will be modernized through significant capital improvements. Plans include attracting a curated mix of national and local retailers, developing two new retail pad sites, and constructing a 47-unit affordable housing community. The adjacent park will be reactivated as a shared amenity, while partnerships with the State of Ohio, Franklin County, the City of Columbus, and local institutions will support small business growth, arts, healthcare, and youth entrepreneurship in Mount Vernon and surrounding neighborhoods.
- Lease rate does not include utilities, property expenses or building services
1040-1060 Mt Vernon Ave - 1st Floor
Mt. Vernon Plaza, a historic neighborhood retail hub developed in 1978 and totaling 52,000 +/-SF across two buildings, is poised for transformative redevelopment. Positioned beside a city-owned park and within more than $400M of surrounding investment—including Nuveen’s Sawyer Towers initiative, Franklin Park Conservatory, the Taylor Avenue Corridor, and the Adelphi Quarter anchored by Adelphi Bank—the Plaza will be modernized through significant capital improvements. Plans include attracting a curated mix of national and local retailers, developing two new retail pad sites, and constructing a 47-unit affordable housing community. The adjacent park will be reactivated as a shared amenity, while partnerships with the State of Ohio, Franklin County, the City of Columbus, and local institutions will support small business growth, arts, healthcare, and youth entrepreneurship in Mount Vernon and surrounding neighborhoods.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
About the Property
Mt. Vernon Plaza, a historic neighborhood retail hub developed in 1978 and totaling 52,000 +/-SF across two buildings, is poised for transformative redevelopment. Positioned beside a city-owned park and within more than $400M of surrounding investment—including Nuveen’s Sawyer Towers initiative, Franklin Park Conservatory, the Taylor Avenue Corridor, and the Adelphi Quarter anchored by Adelphi Bank—the Plaza will be modernized through significant capital improvements. Plans include attracting a curated mix of national and local retailers, developing two new retail pad sites, and constructing a 47-unit affordable housing community. The adjacent park will be reactivated as a shared amenity, while partnerships with the State of Ohio, Franklin County, the City of Columbus, and local institutions will support small business growth, arts, healthcare, and youth entrepreneurship in Mount Vernon and surrounding neighborhoods. Two planned outparcels of approximately 4,800 SF and 3,500 SF, each available for ground lease.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
